What are the fees and charges of Mari Business Loan?

For Mari Business Loan (Credit Line), there are no fees charged.

- No processing fees

- No annual fees

- No late fees

For Mari Business Loan (Term Loan), there is 1.5% processing fee charged on the total approved loan amount. The processing fee will be deducted from the loan disbursement amount at the point of loan disbursement.

Interest will be charged on the loan amount disbursed for both Credit Line and Term Loan. Late payments will also incur late interest charges of 15% p.a. on the loan principal outstanding.

For more information on late interest rates, read here.